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Posted

Both systems are from Russ Horn. However, I have noticed that the website of FMM does not accept orders anymore while FR still accept orders.

 

Could somebody provide a comparison of these two systems? Do you know why one does not accept orders while the other one is still open? Is FR better than FMM? Thanks!

Posted
As I stated in other posts, I have made a ton of money using Rebellion with just a minor modification. Backtested through just the last 2 days on Euro and GBP pairs it is almost 100%. Never did understand the FMM nor have I heard much good about it.
Posted

Hey Lemon,

Actually no modifications, just rules. I trade on the one hour chart and when I get an arrow signal, for example a downward pointing arrow, I then look for the next previous low candle with 2 higher lows on either side of it and place my sell order 2 pips below that point. The reverse is true for longs. Pull up a EUR or GBP chart and check it out. Also, I only go for 20 pips. If I think it might move further, I move my stop to 20 pips profit. 20 pips a couple of times a day will make you more money than you can possibly spend.

Posted
Also, I only go for 20 pips. If I think it might move further, I move my stop to 20 pips profit. 20 pips a couple of times a day will make you more money than you can possibly spend.

Thanks for you clarifications. one quick question, if tp is 20 pips, what is the sl? Thanks in advance!

Posted
So you basically apply that srs trend rider technique where the human eye factor come to play or have I misunderstood you ?

 

Yes, exactly and I am very strict on whether it is a real previous high/low and not just a spike.

Posted
Thanks for you clarifications. one quick question, if tp is 20 pips, what is the sl? Thanks in advance!

 

Here again, I like the EMA high/low at the point of entry. Also, if it takes over 3 hours to hit the buy/sell stop I withdraw the trade. Really, check it out on your charts from last week and I think you will be impressed with the accuracy. If you miss a move because of the rules, well so what. Trades are like the city bus; there's always another one coming along.

Posted

I only know that FR is $97. But I don't know how much was FMM, because it no longer accepts orders.

 

traderwin, what is the price difference between the two? Someone told me Forex Rebellion is $97 with 4 indicators and 1 pdf. While FMM is $999 with 8 DVDs and membership to 24/7 Trade Room, so FMM has more to offer.
Posted
Here again, I like the EMA high/low at the point of entry. Also, if it takes over 3 hours to hit the buy/sell stop I withdraw the trade. Really, check it out on your charts from last week and I think you will be impressed with the accuracy. If you miss a move because of the rules, well so what. Trades are like the city bus; there's always another one coming along.

 

what sort of position sizing do you use?

Posted
I trade full lots and use the out of the box Rebellion. You really don't need to buy it. Simply set up you 5 EMA's, Donchian, and QQE and you are ready to go except for the EA which has been shared on Indo several times. That $97 package will make you very well off if you follow the basic (and my) rules. I think Tradewin has it down pretty good now. Complicated systems scare me because there are too many things to go wrong. Keep it simple, keep on track, don't change the rules and don't get greedy.
Posted

Iqofgenious,

 

As I use Ninja, I would like to use the Forex Rebellion on Ninja. No doubt other traders may also use other systems and may be interested to port the FR to their respective systems. If you have the time, would it be possible for you to compose a doc with the settings of each indicator and with your rules (so not the rules as they come with FR). Thanks in advance for your time and patience in this matter.

Posted

I don't like the Rebellion's QQE Adv indicator, not straight forward. The 5EMA shifted is method borrowed from other system . I used the 3EMA shifted 3 and it worked fine.

Hermes

  • 3 weeks later...
Guest FloridaTrader
Posted
Give this settings a try.

 

ianf0ster.. question, are these the settings for the 1H Chart? Also, would you use same settings for4H charts?

 

Thanks!

Posted
Just an update my friends. I am still making a killing using out of the box Forex Rebellion with my additional entry rules. This thing is running about 90% winners which you can check out on your own charts on the E/U, E/J, and A/U
Posted

hi iqofgenius, got a question about your additional rule, the human eye rule by vladimir

 

do you enter like this: http://yfrog.com/2ogbpusd1hp

http://img96.imageshack.us/img96/7059/gbpusd1h.png

you get an entry signal by forex rebellion, then watch for 2 candles with higher low, then entering short if the highest low breaks?

if so, there would be far less signals

 

greets

Posted
You go back to the PREVIOUS low surrounded by two HIGHER lows. In the case pictured (which is different from my chart) I would have gone back to what on your chart should be the 0400 candle.
Posted
You go back to the PREVIOUS low surrounded by two HIGHER lows. In the case pictured (which is different from my chart) I would have gone back to what on your chart should be the 0400 candle.

 

Hi iqofgenious. I have been implementing the human eye rule but I have a question. How do you deal with signals that appear in a strong trend and there is no previous low before the signal candle's low in a short trade or the previous low is way too far say 20+ pips?

 

Thanks for your valuable input by the way.

Posted
In post #26 the blue candle at 11:00 is an example of a previous high (potentially). A high with two lower highs on either side. A previous low would be the reverse, a low with two higher lows next to it on either side.

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